Hero MotoCorp is going through big changes for a better future in India as well as in international countries. They are introducing new products and also restructuring their leadership and key members.
The Indian two-wheeler manufacturer has now appointed a new Chairman to lead them into the future. Pawan Munjal, will now take on the role of Chairman and lead Hero MotoCorp.
Previously Hero MotoCorp, Chairman was Dr. Brijmohan Lall who has been since 1984. He will now take on the role as Chairman Emeritus and will be part of the Board as non-executive Director.
Under Pawan Munjal, Hero MotoCorp has maintained its position as the largest two-wheeler manufacturer in this world. Back then he was Managing Director and CEO of Hero MotoCorp.
Hero MotoCorp is planning on launching several new scooters and motorcycles in India first. They will soon be launching its Activa rival, the Duet in the country, which will sport a metal body.
The Indian two-wheeler manufacturer was in partnership with EBR, however, the American company has declared bankruptcy. They were jointly developing the HX250R motorcycle and due to this will push its launch further.